Comparative financial statements for Weller Corporation, a merchandising company, for the year ending December 31 appear below. The company did not issue any new common stock during the year. A total of 500,000 shares of common stock were outstanding. The interest rate on the bond payable was 10%, the income tax rate was 40%, and the dividend per share of common stock was $0.75 last year and $0.40 this year. The market value of the companys common stock at the end of this year was $24. All of the companys sales are on account.

Weller Corporation Comparative Balance Sheet (dollars in thousands)
	This Year	Last Year
Assets
Current assets:
Cash	$ 1,250	$ 1,370
Accounts receivable, net	10,300	7,300
Inventory	13,500	10,600
Prepaid expenses	670	680
Total current assets	25,720	19,950
Property and equipment:
Land	10,100	10,100
Buildings and equipment, net	40,167	39,236
Total property and equipment	50,267	49,336
Total assets	$ 75,987	$ 69,286
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$ 20,400	$ 19,400
Accrued liabilities	1,070	790
Notes payable, short term	140	140
Total current liabilities	21,610	20,330
Long-term liabilities:
Bonds payable	8,400	8,400
Total liabilities	30,010	28,730
Stockholders' equity:
Common stock	500	500
Additional paid-in capital	4,000	4,000
Total paid-in capital	4,500	4,500
Retained earnings	41,477	36,056
Total stockholders' equity	45,977	40,556
Total liabilities and stockholders' equity	$ 75,987	$ 69,286

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year	Last Year
Sales	$ 68,000	$ 65,000
Cost of goods sold	40,000	38,000
Gross margin	28,000	27,000
Selling and administrative expenses:
Selling expenses	10,600	10,600
Administrative expenses	6,900	6,200
Total selling and administrative expenses	17,500	16,800
Net operating income	10,500	10,200
Interest expense	840	840
Net income before taxes	9,660	9,360
Income taxes	3,864	3,744
Net income	5,796	5,616
Dividends to common stockholders	375	200
Net income added to retained earnings	5,421	5,416
Beginning retained earnings	36,056	30,640
Ending retained earnings	$ 41,477	$ 36,056

Required:

Compute the following financial data and ratios for this year:

1. Working capital. (Enter your answer in thousands.)

2. Current ratio. (Round your answer to 2 decimal places.)

3. Acid-test ratio. (Round your answer to 2 decimal places.)